ANZ Walks The Walk An Lifts Mortgage Rates

10/02/2012 5:44 am

ANZ Bank walked it liked they talked it this afternoon  lifting mortgage rates independently of the Reserve Bank by nudging up the interest rate on its standard variable loan today.

The bank raised its standard lending rate by 6 basis points, or 0.06 percentage points, to 7.36 per cent, effective from February 17.

Read more via SMH

ANZ lifts mortgage rates.

Will their customers take advantage of  the Governments ban of exit fees and walk out the ANZ door.